| soxl latest price $21.1500 (-7.52%) ($21.0900 - $22.6700) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.76% (three month average) |
RSI | 77 |
Latest Price | $21.1500(-7.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | soxl advances 4.3% a day on average for past five trading days. |
Weekly Trend | soxl advances 18.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support soxl advance at 0% a week (0% probability) SMH(99%) FIVG(89%) XLK(86%) QQQ(85%) VUG(79%) |
Factors Impacting soxl price | soxl will decline at least -2.88% in a week (0% probabilities). VXX(-50%) VIXM(-46%) UUP(-21%) TBT(-20%) BLOK(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.88% (StdDev 5.76%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.5% |
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